Ditching your real estate agent and opting for a private sale can bag you an extra $10,000 or more when selling your house. But how to sell your own house in such a bad market? Well, as long as you're following a proven plan of action, private selling is very easy.
Preparing For Sale
There are a few things you need to do before getting into the actual selling of your home. First of all you need to finish any DIY jobs you may have started, fix anything broken bits and pieces, and generally get the place looking good. After this you need to get a value for the property. I recommend getting in a third-party professional valuer for this job, as it will be a large factor in how well your house sells for.
Print Media Advertising
Many home sellers use the internet for their sole means of advertising. This is not a smart move, as a large percentage of home buyers will check print media publications before even switching on their computers. Make sure to take out quality advertising space in local, as well as national papers. Going for 3 or 4 popular magazines and papers should be enough to generate some good interest.
Internet Advertising
Of course, no marketing venture would be complete without using internet classifieds. The internet is used mostly by property investors and young families, 2 parties who may not be so effected by the economic meltdown. Make your ads original, and include high quality photographs.
Presenting Your Home To Buyers
This is the final, most important part to selling your own house. You will need to show personality, confidence, and most of all a fantastic property. Consider doing some interior and exterior decorating complete with a new paint job and some upmarket hire furniture. You'll be amazed at how powerful this can be.
By:Jack Inqles